Category: Real estate statistics

Ottawa Real Estate Market Stats March 2022

The March 2022 Ottawa Real Estate Board stats are out! “Although the number of sales in March decreased from last year at this time, it was still a robust and busy start to the spring season. Transactions increased 42% over February (590 units) and were 12% higher than the 5-year average. Last March was unseasonably warm in comparison, and the lion-like weather that pervaded most of this March may have played a role. More likely, the lifting of some restrictions and opportunity for unfettered travel during the spring break had peoples’ attention turning towards other activities during the month,” states Ottawa Real Estate Board President.

Ottawa Real Estate Market Stats February 2022

The February 2022 Ottawa Real Estate Board stats are out! “Although February’s resales were only 3% higher than last year at this time, we saw a 52% increase in the number of transactions compared to January’s figures (936). While a month-to-month increase is typical for this time of year, the gradation of this increase is higher than previous years, which could be an indication that our spring market may ramp up earlier this year” states OREB’s President.

Ottawa Real Estate Market Stats January 2022

The January 2022 Ottawa Real Estate Board stats are out! January 2022’s sales were much like those of January 2021. Prices continued to rise as inventory remained low. Januarys condo market remained hot as sale prices are more attainable for buyers.